How Much Does 1998 Oldsmobile LSS Car Insurance Cost?

Have you fallen victim to an overpriced insurance policy? Trust us when we tell you you are not the only one feeling buyer’s remorse. Online insurance companies like Allstate, Progressive and Geico constantly bombard you with TV and radio ads and consumers find it hard to avoid their marketing magic and effectively compare rates to find the best deal.

The best way we recommend to compare rates is to know the fact almost all companies will pay a fee to quote your coverage. The only thing you need to do is provide information like whether or not you need a SR-22, if you’re married, how much school you completed, and level of coverage desired. That rating information is then submitted to multiple insurance providers and they respond with quotes almost instantly.

To start a rate quote now, click here and find out if lower rates are available.

Are you getting all your discounts?

Companies offering auto insurance don’t list all their discounts very well, so the following is a list of both the well known and also the lesser-known discounts you could be receiving. If you don’t get every credit you qualify for, you are throwing money away.

  • Use Seat Belts – Buckling up and requiring all passengers to wear their seat belts could cut 10% or more off your PIP or medical payments premium.
  • College Student – Children who live away from home and don’t have a car can be insured at a reduced rate.
  • Early Switch Discount – Select companies give a discount for buying a policy before your current expiration date. It’s a savings of about 10%.
  • Bundle and Save – If you insure your home and vehicles with the same insurance company you could get a discount of up to 20% off your total premium.
  • Low Mileage Discounts – Keeping the miles down on your Oldsmobile could qualify for discounted rates on garaged vehicles.
  • Braking Control Discount – Vehicles equipped with ABS or steering control can reduce accidents and earn discounts up to 10%.
  • Auto/Life Discount – Select insurance companies reward you with better rates if you take out a life insurance policy as well.
  • Homeowners Pay Less – Being a homeowner can save you money because maintaining a house requires personal responsibility.
  • Driver Safety – Taking part in a driver safety course could save 5% or more if you qualify.

Consumers should know that most discount credits are not given to all coverage premiums. Most cut individual premiums such as liability, collision or medical payments. Even though it may seem like all the discounts add up to a free policy, companies wouldn’t make money that way.

To see a list of companies who offer car insurance discounts, click here to view.

When might I need an agent?

When buying the right insurance coverage for your vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different so your insurance should reflect that These are some specific questions may help highlight if your insurance needs may require specific advice.

  • Does having multiple vehicles earn me a discount?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Do I need more liability coverage?
  • How much liability insurance is required?
  • Are rock chip repairs covered?
  • Should I waive the damage coverage when renting a car?
  • Will filing a claim cost me more?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It only takes a few minutes and may give you better protection.

Factors that can influence insurance rates for an Oldsmobile LSS

An important part of buying insurance is that you know the rating factors that come into play when calculating the rates you pay for auto insurance. Having a good understanding of what determines base rates empowers consumers to make smart changes that could result in better auto insurance rates.

  • Men fork out a little more – Statistics demonstrate that men are more aggressive behind the wheel. Now that doesn’t mean women are better drivers. Both sexes cause accidents at a similar rate, but men tend to have more serious accidents. Men also get cited for more serious violations like DUI and reckless driving.
  • Little extras can really add up – There are a lot of add-on coverages that can waste your money if you aren’t careful. Coverages for rental car reimbursement, accident forgiveness and motor club memberships may be costing you every month. These may sound like a good investment at first, but if you don’t need them eliminate them to save money.
  • One company can mean more discounts – The majority of insurers give discounts to people who carry more than one policy such as combining an auto and homeowners policy. Discounts can amount to five, ten or even twenty percent. If you currently are using one company, you still need to compare other company rates to confirm you are receiving the best rates possible. Consumers may find better rates by buying auto insurance from a different company.
  • Car features impact rates – Purchasing a vehicle with anti-theft technology or alarm system can get you a discount on your auto insurance. Theft prevention devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your vehicle from being stolen.
  • Choose a safe vehicle and save – Safer cars can get you lower premiums. The safest vehicles have better occupant injury protection and fewer injuries means lower claim amounts and more competitive rates for policyholders. If the Oldsmobile LSS scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Being married can save on auto insurance – Having a wife or husband helps lower the price on auto insurance. Marriage is viewed as being more mature and responsible it has been statistically shown that drivers who are married are more cautious.
  • Younger drivers pay higher rates – Teen drivers are statistically proven to be less responsible when behind the wheel so they pay higher auto insurance rates. Older insureds tend to be more responsible, statistically cause fewer accidents and receive fewer citations.

Auto insurance coverage information

Having a good grasp of car insurance helps when choosing which coverages you need for your vehicles. The terms used in a policy can be confusing and reading a policy is terribly boring. Shown next are typical coverage types found on most car insurance policies.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for immediate expenses like pain medications, doctor visits and ambulance fees. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover you and your occupants as well as any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your 1998 Oldsmobile LSS.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Collision coverage

This coverage pays for damage to your LSS resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things such as colliding with another moving vehicle, damaging your car on a curb, hitting a mailbox, sustaining damage from a pot hole and backing into a parked car. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

Liability coverages

This coverage can cover injuries or damage you cause to people or other property in an accident. It protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability insurance covers claims such as legal defense fees, bail bonds, emergency aid, attorney fees and medical services. The amount of liability coverage you purchase is up to you, but buy as large an amount as possible.

Comprehensive coverages

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like hail damage, hitting a deer, fire damage and a broken windshield. The most a car insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Don’t be a big spender

Cost effective 1998 Oldsmobile LSS insurance is attainable from both online companies and also from your neighborhood agents, and you need to comparison shop both to have the best rate selection. There are still a few companies who may not provide the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

When shopping online for auto insurance, make sure you don’t buy less coverage just to save a little money. In many instances, drivers have reduced collision coverage and learned later that the savings was not a smart move. Your focus should be to purchase plenty of coverage for the lowest price while still protecting your assets.

In this article, we presented a lot of techniques to lower your insurance rates. The key thing to remember is the more you quote, the higher the chance of saving money. You may even discover the best prices are with the smaller companies. Some small companies can often insure niche markets at a lower cost compared to the large companies like Allstate and Progressive.

Additional information